Deputy President Cyril Ramaphosa warned on Sunday that the governing party should not be "reckless" in its management of the economy and not "drive it to the ground". The ANC had to make sure that radical economic transformation led to inclusive growth for the benefit of all South Africans and not to "enrich the few and certain families in SA". He was speaking at the Western Cape ANC’s provincial policy conference in Stellenbosch on Sunday, while President Jacob Zuma addressed a Youth Day rally in eThekwini. Zuma complained that the ANC had obtained political freedom but not economic freedom. He urged young people to be "soldiers" for radical economic transformation" because those with economic power were resisting the transformation of the system. The debate on radical economic transformation is set to take centre stage at the ANC’s policy conference in two weeks’ time. While factions in the party agree on the need for radical economic transformation, they disagree on what it entai...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.